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N76 [4]
3 years ago
14

What was one of the first things President Hoover did to combat the effects of the Great Depression?

History
2 answers:
Rasek [7]3 years ago
6 0

He did nothing, thinking the economic crisis would mend itself with time.

Hoover was a laissez-faire Republican who believed the government should not interfere with the economy.

Hoover's approach to the Great Depression was to do nothing initially. He believed it was a normal part of the boom-bust economic cycle. As the Depression moved on, Hoover used a method of volunteerism. Volunteerism asked those with money to give to others and to invest their money back into the banks and job creation.

AVprozaik [17]3 years ago
3 0

He asked businesses to decrease production and increase employment.

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Were the two oil crisis in the 1970s linked to deflation or inflation.
igomit [66]

Answer:

Inflation…

Explanation:

~There was a strong correlation between inflation and oil prices during the 1970s. Since the 1980s, the relationship between oil and consumer prices has diminished.

5 0
2 years ago
1. Why were leaders of "big business in the late 1800's referred to as "captains of industry" by some and "robber
Amiraneli [1.4K]

The correct answer to this open question is the following.

Why were leaders of "big business in the late 1800s referred to as "captains of industry" by some and "robber barons" by others?

Answer:

Because those men were important businessmen in that time in the United States and created huge companies that grow immensely until they were lonely competitors in their industries. That was the case of John D. Rockefeller with the Standaard Oil Company or Andrew Carnegie with the Steel Company. Other great entrepreneurial names of the time were also Henry Ford and Cornelious Vanderbilt.

On the other hand, journalists and citizens accused these men of creating monopolies and injustice corporate practices that did not allow other companies to compete in these industries. That is why some called them "robber barons."

5 0
3 years ago
What elements of the United States constitutional system evolved from Athens and Rome?
liubo4ka [24]

Answer:

Our government also requires political power exercised by the citizens which came from the Greek Democracy. The Senate was the highest authority in the Roman Republic. ... The roman republic was the phase of ancient Roman civilization characterized by a republican form of government

Explanation:

hope it helps

6 0
4 years ago
South carolina eventually repealed its ordinance of nulification in exchange for
EastWind [94]
<span>South Carolina repealed the ordinance of nullification in 1833. They did this in exchange for the federal government eliminating the Tariffs that had been in place since 1828 and they also wanted a gradual reduction on the import taxes that would take a decade to go into full effect.
 
federal elimination of the Tariff of 1828 and a gradual reduction on import taxes over a decade.</span>
6 0
3 years ago
Why did Washington's efforts to gain the peaceful cooperation of native Americans in the west fail
AURORKA [14]
Washington's efforts failed because white settlers ignored the treaties and moved onto Native Americans' land.
7 0
3 years ago
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